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DaveinHackensack

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DaveinHackensack

Re: ebase22 post# 6790

Sunday, 08/25/2013 8:04:08 PM

Sunday, August 25, 2013 8:04:08 PM

Post# of 7895
Alloy Steel is a Delaware Corporation

With offices in the US and the desire to increase its business here. Even if it's not listed, it has some obligations to its shareholders under Delaware law.

When the company went dark a few years ago, I contacted a few folks from here privately about retaining a securities attorney to compel the company to report its earnings, but dropped that after the company reported record numbers. The attorney wanted a $5k retainer for that.

Hopefully it won't come to that, but if the company decides to stop reporting, that is an option we have, to find out exactly what it's obligated to do under Delaware law and compel it to do so.
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